Yishun Ring Road / Yishun Avenue 9
AwardedMixed commercial and residential. HDB sale site, built as Junction nine & Junction Nine Residences.
S$212,100,000
S$8,551.30 psm GFA (derived: the source published the price and no rate). Awarded 31 January 2013 to CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Yishun Ring Road / Yishun Avenue 9 | Mixed commercial and residential | 8,858.3 m² | 24,803.24 m² | CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$212,100,000(S$8,551.30, derived) |
As listed at the close of 24 January 2013 (hdb-list-yishun-p4-close), with the outcome the award of 31 January 2013 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$212,100,000 | Awarded |
| 2 | Boo Han Holdings Pte. Ltd. And Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) | S$193,777,000 | Unsuccessful |
| 3 | Ho Lee Group / Evia Real Estate (3) Pte Ltd / CNH Investment Pte Ltd | S$182,600,000 | Unsuccessful |
| 4 | Cerapure Pte Ltd | S$167,124,000 | Unsuccessful |
| 5 | Verwood Holdings Pte. Ltd. And Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited | S$163,000,000 | Unsuccessful |
| 6 | Guthrie (Nov) Pte Ltd and Santarli Venture Pte Ltd | S$161,800,000 | Unsuccessful |
| 7 | Sim Lian (Focus) Pte Ltd & Sim Lian (Brilliant) Pte Ltd | S$161,000,000 | Unsuccessful |
| 8 | Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings Limited and Asia Development Pte Ltd | S$155,520,000 | Unsuccessful |
| 9 | Mezzo Development Pte Ltd | S$151,800,000 | Unsuccessful |
| 10 | FCL Place Pte. Ltd. | S$133,080,000 | Unsuccessful |
| 11 | Changi Properties Pte. Ltd., parent: CEL Development Pte. Ltd. / Chip Eng Seng Corporation Ltd (with KSH and Heeton consortium interests) | S$124,500,000 | Unsuccessful |
| 12 | RP North Pte. Ltd. | S$121,800,000 | Unsuccessful |
| 13 | Creative Investments Pte Ltd | S$55,538,888 | Unsuccessful |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
31 January 2013
AwardedYishun P4, Yishun Ring Road / Yishun Avenue 9: awarded to CEL Property Pte Ltd, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Awarded to
CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd, S$212,100,000 (S$8,551.30 psm GFA, derived: the source published the price and not the rate).
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
24 January 2013
Tender closedYishun P4, Yishun Ring Road / Yishun Avenue 9: tender closed with 13 priced bids, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
13 bids disclosed
Highest S$212,100,000 from CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
27 November 2012
Launched for tenderYishun P4, Yishun Ring Road / Yishun Avenue 9: launched for tender, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential
- Tenure
- 99 years
- Programme list
- None stated; sold by tender, as hdb's list records itKnown from HDB’s list of sites sold, which does not say whether the parcel was on a Government Land Sales list. No list is inferred.[hdb-list-mixed-sites-sold]
- Project
- Junction nine & Junction Nine Residences[hdb-list-mixed-sites-sold]
- Site area
- 8,858.3 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 24,803 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 2.8
- Facts as stated on
- 27 November 2012
Sources
- Agency listPublication date not recorded
List of mixed residential and commercial sites sold
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- 417df251cb8624ba806df3a6cb6e628e19acead2b258f3f5cd6df6c021fc4d83
- Size
- 261,098 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 11:00:31 UTC
- Prevo reference
- hdb-list-mixed-sites-sold